The Medal of Aeronautic Valor (Italian: Medaglia al valore aeronautico) is an Italian medal awarded "for acts and enterprises of singular courage and skill aboard an aircraft in flight." Instituted in 1927, it is awarded at three levels: Gold, Silver and Bronze. The medal may be conferred on both Italian and foreign persons and entities and on both civilians and members of the Italian armed forces. It can also be awarded posthumously.[1]